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The Latest Breaking News from Oil

BP agrees to sell US onshore wind business as it shifts back to oil

Company to sell business for undisclosed sum to LS Power as part of plan to offload $20bn in assets

The Guardian - UK

‘We’re the canary in the coalmine’: when will Russia take action on the climate?

World’s fourth-largest emitter of greenhouse gases pays lip service to tackling climate crisis and, with fossil fuels central to regime’s legitimacy, it seems happier with status quo

The Guardian - UK

Louisiana scraps $3 billion coastal restoration funded by oil spill settlement

Republican Governor Jeff Landry views the project as a threat to the state’s way of life

The Independent UK

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Bored of Summer Pastels? Molten Chrome Nails Are the Bold Refresh You Need

Yep, they're as cool as they sound

Marie Claire

Gas flaring created 389m tonnes of carbon pollution last year, report finds

Rules to prevent ‘enormous waste’ of fuel are seen as weak and poorly enforced and firms have little incentive to stop

The Guardian - UK

The EU targets Russia's energy revenue and shadow fleet with new sanctions over the war on Ukraine

The European Union is targeting Russia with more sanctions over its war on Ukraine

The Independent UK

EU imposes new sanctions on Russia's oil and banks after Robert Fico lifts his veto

The breakthrough on Friday was made only possible after Slovak Prime Minister Robert Fico agreed to lift his veto.

Euronews

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‘Keeping us hooked on fossil fuels’: how can we negotiate with autocracies on the climate crisis?

The bulk of global greenhouse gas emissions come from countries that are not democratic, and many big oil and gas exporters are also authoritarian

The Guardian - UK

Cotton Closes Thursday with Gains

Cotton futures saw strength on the Thursday session with contracts up 24 to 30 points at the close. Crude oil futures were up $1.21 per barrel on Thursday, with the US dollar index rising $0.295 to $98.370. The Seam showed sales of just 21 bales on Tuesday, with an average...

Barchart

Soybeans Pushes Higher on Spillover Support from Bean Oil

Soybeans rounded out the Thursday session with contracts up 5 to 8 cents. The cmdtyView national average new crop Cash Bean price was up 7 ½ cents today at $9.83 1/4. Soymeal futures were mixed, closing 80 cents lower to 30 cents higher, while Soy Oil was 97 to as...

Barchart

Louisiana cancels $3B repair coastal restoration funded by Deepwater Horizon oil spill settlement

Louisiana is officially canceling a $3 billion coastal restoration project funded by the Deepwater Horizon oil spill settlement

The Independent UK

Crude Oil Prices Jump on Signs of a Tightening Supply Outlook

August WTI crude oil (CLQ25 ) Thursday closed up +1.16 (+1.75%), and August RBOB gasoline (RBQ25 ) closed up +0.0264 (+1.23%). Crude oil prices rallied Thursday on concerns about tighter global oil supplies after Iraq said it has lost about 200,000 bpd of crude production due to drone attacks on...

Barchart

Kinder Morgan kicks off oil and gas earnings season with a bullish outlook, in part thanks to thirsty data centers

The company is focused on building pipelines to feed data center growth from Arizona to South Carolina and beyond.

Fortune

Soybeans Extending Pop on Thursday, Pulled Along by BO

Soybeans are up 7 to 8 cents across most nearby contracts at midday on Thursday. Futures are extending gains from the Wednesday rally, when contracts were up 18 to 19 cents at the close. Preliminary open interest showed new buying interest, up 8,888 contracts. The cmdtyView national average new crop...

Barchart

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Barchart

Crude Oil Prices Climb on Supply Disruptions in Iraq

August WTI crude oil (CLQ25 ) today is up +0.80 (+1.21%), and August RBOB gasoline (RBQ25 ) is up +0.0156 (+0.73%). Crude oil prices are moving higher today on concerns about smaller global oil supplies after Iraq said it has lost about 200,000 bpd of crude production due to drone...

Marie Claire

Ami Colé's Closing Signals a Bigger Issue In the Beauty Community

Those lip oils went on a generational run.

The National (Scotland)

Here's why Reform are issuing threats to firms over renewables

REFORM UK have issued a threat to energy firms bidding for renewables contracts, in its latest attempt to bring an end to net zero policies.

The Independent UK

Scientists find link between where you live and childhood leukemia

New research has found that millions of children are at increased risk of exposure to cancer-causing chemicals

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Barchart

Cotton Pushing Higher Ahead of Export Sales Report

Cotton futures are up 3 to 5 points, in the nearbys, as October is 41 points higher. Price action was down 1 to 26 points across most contracts on Wednesday. Thinly traded October was down the hardest. Crude oil was up a dime per barrel at $66.62, with the US...

The Conversation

Children living near oil and gas wells face higher risk of rare leukemia, studies show

Acute lymphocytic leukemia is one of the most commonly diagnosed cancers in children, although it is rare. It begins in the bone marrow and rapidly progresses.

Bored Panda

20 Conspiracies That Were Proven To Be Real, As Shared By Folks Online

Redditors have been sharing conspiracy theories that turned out to be as real as the moon landing or Bigfoot.

The National (Scotland)

Reform 'sabotaging' Scotland's energy industry, blasts John Swinney

REFORM UK’s threat to companies over clean energy contracts is “sabotaging” Scotland’s renewables industry, John Swinney has said.

The National (Scotland)

Half of Aberdeen homes fall in value as 'oil capital' status diminishes

ABERDEEN has seen over half of its homes fall in value, by an average of £25,700, as its status as the oil capital of Europe diminishes, according…

The Independent UK

Eight quick summer recipes for easy 15-minute lunches and no-fuss picnics

Make the most of sunny days with these speedy summer recipes. From bold salads to fresh frittatas and chilled soups, every dish is ready in 15 minutes or less – perfect for midweek lunches, weekend picnics and outdoor dinners without the faff

Barchart

Cotton Slips Weaker on Wednesday

Cotton price action was down 1 to 26 points across most contracts on Wednesday. Thinly traded October was down the hardest. Crude oil was up a dime per barrel at $66.62, with the US dollar index giving back strong early week gains today, down $0.320 to 97.990. The Seam showed...

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